BUTTERFLY NETWORK INC -CW25 (BFL.W) Stock Technical Analysis
NYSE:BFL.W - New York Stock Exchange, Inc. -
Taking everything into account, BFL.W scores 3 out of 10 in our technical rating. Although BFL.W is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
BFL.W is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month BFL.W has a been trading in the 0.07 - 0.11 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
When comparing the yearly performance of all stocks, we notice that BFL.W is one of the better performing stocks in the market, outperforming 93% of all stocks.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, BFL.W does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 0.07, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BFL.W in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.07
0.08
When analyzing the support we notice one important area.
- A support zone ranging from 0.07 to 0.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 0.08 to 0.08. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.12
Mansfield-3.12
10 Day High0.09
10 Day Low0.08
20 Day High0.11
20 Day Low0.07
52 Week High0.5
52 Week Low0.01
Performance
1 Week-15.33%
2 Weeks-16.56%
1 Month-24.9%
3 Month-78.54%
6 Month-4.94%
12 Month130.37%
2 Year-74.1%
3 Year-86.83%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0
RSI(14)35.34
LBB0.07
UBB0.1
0.0751
0 (-2.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.59%
1 Week-15.33%
2 Weeks-16.56%
1 Month-24.9%
3 Month-78.54%
6 Month-4.94%
12 Month130.37%
2 Year-74.1%
3 Year-86.83%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%16.5%
ATR Inc24.58%
Range Today0.01
ADR(20)0.01
ADR(20)%15.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.12
Mansfield-3.12
10 Day High0.09
10 Day Low0.08
20 Day High0.11
20 Day Low0.07
52 Week High0.5
52 Week Low0.01
CS1 End0.07
CR1 Start0.08
Volume & EV
DER(3)-2.81%
DER(5)5.24%
Volume27.20K
Volume Incr-43.11%
Vol(5)21.54K
Vol(50)60.33K